TheDumbMoney (69.86)

May 2011

3

So I often like to talk about how I buy stocks I don't sell. I had an exchange here a few weeks ago with a few other players, and one of the comments was that maybe I had too many holdings. Additionally, I still worry about the long term returns of many stocks, even ones I have owned for some time. The last time I made major sales was May of last year (home purchase, wanted cash margin of safety), and I followed up on that this week. Most of these are judgment calls, one is an admission of error. [more]

Recs

6

In case you missed it, Einhorn, the famous head of long-short fund, Greenlight Capital, and a major Microsoft shareholder, called at the Ira Sohn Conference for Ballmer to get the heave-ho at Microsoft. See here, third item has a bunch of links. [more]